Asilomar Bio Raises $12m Series B for Chemical Yield Enhancer
Asilomar’s chemical input can make yields from an average year of rainfall in major row-crop growing climates as high as if rainfall was ideal, says the founders.
Asilomar’s chemical input can make yields from an average year of rainfall in major row-crop growing climates as high as if rainfall was ideal, says the founders.
Barilla, the family-owned company best known for its signature blue pasta box, announced a new food-focused venture fund and accelerator called Blu1877, plus more in our weekly brief.
TIPA, which has won awards for its packaging, compares its product to orange peel: in comparison to regular plastic that will last for hundreds of years, it will decompose within just 180 days in compost conditions.
Farmobile produces a small in-cab unit called a PUC that wirelessly shares machine and agronomic data gathered in the field in real time.
Zume is one of just a few startups creating solutions for restaurants to use in-house compared with the rest of the agrifood tech sector, but could the tide by changing as high profile investors come into the space?
There are a number of key areas of opportunity for agrifood tech startups in Europe as the support and resources available
to entrepreneurs increases slowly, write Thomas van den Boezem and Louisa Burwood-Taylor.
Early stage investment in agrifood tech startups reached $4.4 billion in the first half of 2017, posting a 6% year-over-year increase reversing the downward trend of 2016 when agrifood tech investing dropped 17% to $6.9 billion from $8.3 billion in 2015.
MycoTech uses mushrooms and fungi to remove bitter tastes from food and drinks.
Agrible’s suite of products for farmers largely center around the Morning Farm Report, a central dashboard which incorporates a range of data to give farmers field-level information about their farms.
Agricultural biotechnology and micropropagation company Phytelligence has raised $6.95 million of a potential $16 million Series B closing August 4.
Descartes Labs has raised an oversubscribed $30 million Series B round led by new investor March Capital, with Cargill, Crosslink Capital, and Cultivian Sandbox also participating.
Israeli digital ag startup Prospera has raised a $15 million Series B round for its end-to-end internet of things platform using AI and computer vision for indoor and outdoor farms.
Freight Farms, the startup growing lettuce inside shipping containers, has completed its Series B funding round on $7.3 million.
Solyent, Thymox, Propel, Hectare Agritech, Smart Earth Seeds, Taranis, Abundant, Calysta, Ceres, and Territory have all raised funding in the past two weeks.
Agri-food technology companies raised $42.5m in two weeks from farm-to-fork.
AgShift, an ag data startup helping farms automate their compliance reporting, also closed a pre-seed round. Online office catering service Platterz and pivoted Indian agri-marketing platform Ninjacart also raised funding.
The Quebec-based company that’s developing and selling Carinata seed, raised the funding to support the company’s global expansion.
A big two-week funding sheet includes a diverse set of food and agtech startups raising funding.
TPG Alternative and Renewable Technologies, an arm of the $70 billion global private investment house TPG, has invested in Inocucor Technologies, the Canadian agricultural products company.
Benson Hill Biosystems has identified a more precise and efficient gene-editing tool than CRISPR Cas-9 that uses a suite of new nucleases instead of the Cas-9 enzyme, according to Matt Crisp, CEO.
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International Fresh Produce Association launches year 3 of its produce accelerator